Business

200 mln USD for Dai Hung oil field development

PetroVietnam Exploration Production Corporation (PVEP) and Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Hanoi branch has signed a 200 million USD loan for the oil field project, Lot 05-1(a).
Business

WB helps Vietnam develop gas industry

The World Bank (WB) will assist Vietnam in technology, research and analysis work to help the country build a master policy on developing, exploiting and using natural gas as an optimal resource for sustainable development.
Business

Vietnam’s overseas investment sees positive results

Vietnamese businesses’ overseas investment activities have been actively implemented with satisfactory results, helping boost the export and consumption of Vietnamese goods in foreign countries, said an official from the Ministry of Planning and Investment (MPI).

Phan Huu Thang, Director of the MPI’s Foreign Investment Agency, said the recent rapid increase of offshore investment activities is in line with the national economic development and the country’s international economic integration.
Business

Chevron wants to be Vietnam’s reliable partner

Chevron Corporation, the second biggest US energy company, wants and hopes to be a reliable partner of the Vietnamese Government and people, affirmed General Director of Chevron Vietnam Hank Tomlinson.